INCOME PROPERTY ANALYSIS Introduction. INCOME PROPERTY ANALYSIS Acquisition Cash Flows.

Slides:

Advertisements

Similar presentations

Financial Leverage and Financing Alternatives

Advertisements

Chapter 19: Investment value: NPV and IRR. Outline DCF framework Discounting NOI.

Chapter 15 Value, Leverage and Capital Structure © OnCourse Learning.

All Numbers in this presentation are in United States Dollars.

Capital Budgeting (I): Different Approaches (Ch 9) Net Present Value The Payback Rule The Discounted Payback The Average Accounting Return The Internal.

INVESTMENT DECISION MAKING LEARNING OBJECTIVES Identify the basic types and characteristics of investment properties. Forecast annual cash flows, net of.

Chapter 19 Investment Decisions: NPV and IRR REAL ESTATE FIN 331.

Chapter 10 Capital Budgeting Techniques. 2 Bennett Company is a medium sized metal fabricator that is currently contemplating two projects: Project A.

CHAPTER TWELVE FINANCIAL LEVERAGE AND FINANCING ALTERNATIVES.

“Real Estate Principles for the New Economy”: Norman G. Miller and David M. Geltner Chapter 14 Cash Flow Analysis.

Financial Manager Policy Planning Forecasting Cash Flow Plans Profitability Assessment Portfolio Selection Capital Budgeting Banking.

Joint Ventures and Syndications Introduction.

Corporate Finance Lecture 2. Outline for today The application of DCF in capital budgeting The application of DCF in capital budgeting –Identifying Cash.

INCOME PROPERTY ANALYSIS Introduction. INCOME PROPERTY ANALYSIS Acquisition Cash Flows.

Heikki Vauhkonen 2008 Tulikivi Corporation. Sales69,682,1-14,9 Operating profit1,08,2-88,3 Percentage of sales1,410,0 Profit before income tax0,27,8-97,9.

McGraw-Hill/Irwin ©2008 The McGraw-Hill Companies, All Rights Reserved CHAPTER13CHAPTER13 CHAPTER13CHAPTER13 Risk Analysis.

1 Web Chapter 18 Real Estate and Other Tangible Investments (Art Only)

Chapter 17 Investing in Income-Producing Real Estate Advantages of Real Estate Investment –Attractions of real estate as an investment Cash flow from operations.

Ch11. Project Analysis and Evaluation. 1) Scenario and other what-if analyses Actual cash flows and projected cash flows. Forecasting risks (estimation.

Calculating Return on Investment. Payback Period – The – Sometime in year 4 (cash flow switches from negative to positive) – Doesn’t take into account.

Return on Investment – Net Present Value Method By R. S. Miolla.

Global Real Estate: Transaction Tools Chapter 6: Value Concepts.

© 2005 The McGraw-Hill Companies, Inc., All Rights Reserved McGraw-Hill/Irwin Slide 1 CHAPTER TWELVE FINANCIAL LEVERAGE AND FINANCING ALTERNATIVES.

Risk, Return, and Capital Budgeting (Chapter 12) Financial Policy and Planning (MB 29)

Parts of a Financial Statement 1.Statement of Income 2.Balance Sheet 3.Statement of Cash Flow 4.Statement of Stockholders’ Equity.

Ch 19 Analyzing Income Producing Properties. 2 Outline  I. Advantages of Real Estate Investment  II. Disadvantages of Real Estate Investment  III.

A Brief Introduction to Business Plans. Introduction Can be for new start up, business expansion, for external or internal use Looks at all aspects of.

Cost Benefit Analysis As economists, we are usually called in when the project is already designed.

Chapter 19 Investment Decisions: NPV and IRR McGraw-Hill/IrwinCopyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved.

BUDGET PROPOSAL FROM YEAR 1 TO YEAR 5

1 Ch 14 Property Investment Analysis Capital Budgeting Techniques Applied to Investments In Land And Buildings.

©2014 OnCourse Learning. All Rights Reserved. CHAPTER 14 Chapter 14 After-Tax Investment Analysis and Corporate Real Estate SLIDE 1.

©2014 OnCourse Learning. All Rights Reserved. CHAPTER 10 Chapter 10 The Basic Idea: DCF and NPV SLIDE 1.

Parts of a Financial Statement 1.Statement of Income 2.Balance Sheet 3.Statement of Cash Flow 4.Statement of Stockholders’ Equity.

Chapter 15 VALUE, LEVERAGE, AND CAPITAL STRUCTURE.

© 2005 The McGraw-Hill Companies, Inc., All Rights Reserved McGraw-Hill/Irwin Slide 1 CHAPTER TWELVE FINANCIAL LEVERAGE AND FINANCING ALTERNATIVES.

Real Estate Investment Chapter 14 Computer-Aided Analysis © 2011 Cengage Learning.

Analyzing Income-Producing Properties Chapter 16.

Internal Rate of Return & Modified Internal Rate of Return PWC Course Notes P53 Mark Fielding- Pritchard mefielding.com1.

+ Parkview Personal Care Home Micheline Gaudet. + Welcome Home.

©2011 Cengage Learning. Chapter 16 ©2011 Cengage Learning SUMMARY OF REAL ESTATE INVESTMENT PRINCIPLES.

AGEC 407 Investment Analysis Time value of money –$1 received today is worth more than $1 received in the future Why? –Earning potential –Risk –Inflation.

1 Chapter 3 Appendix B Development of Objective Function.

Making an investment decision. Value  Investment value: The value determined in view of investment objectives, goals and constraints.  Market value:

Investing in Real Estate ADVANTAGES Pride of Ownership Personal Control Self Use Competitive Returns Safety of Capital Cash Flow Leverage Tax Benefits.

Elements of Financial Statements. Purpose of financial statements Reporting accounting information to external decision makers.

10-0 Pro Forma Statements and Cash Flow 10.3 Capital budgeting relies heavily on pro forma accounting statements, particularly statements of comprehensive.

©2012 McGraw-Hill Ryerson Limited 1 of 45 Learning Objectives 4.Appraise the use of the cost of capital as the discount rate in capital budgeting analysis.

1 Capital Budgeting: Financial Appraisal of Investment Projects Welcome to the Power Point Presentation Chapter 1.

1 Copyright © 2001 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin CHAPTER 3 INVESTMENT DECISIONS Forecast cash flows from operations.

Chapter 11 Traditional Investment Criteria 4 Rules of Thumb Criteria –General Characteristics –Payback Period Methods Gross Income Multiplier Net Income.

Cost Benefit Evaluation Techniques

Chapter 19 Investment Decisions: NPV and IRR

Key Concepts and Skills

Demonstration Problem

Financial Report GlaxoSmithKline plc from 2004 to 2011 Prepared by:

Financial Report GlaxoSmithKline plc from 2005 to 2012 Prepared by:

Investment Decision Under Certainty

About the Author. Creating an Apartment Feasibility Model For Park Cities By Terry Asante.

Investment Decision Under Certainty

Long-Term (Capital Investment) Decisions

دراسة جدوى مشروعات تفريخ الأسماك (دورة تدريبيـــــــــــــــة)

التقييم المالي للمشروع

الباب الرابع التحليل المالي وتقدير ربحية المشروع

Cash Flow Analysis with Excel

Investment Decision Under Certainty

Finance Planning & Strategy.

Хөдөө аж ахуйн төслийн зээл олгоход үүсдэг хүндрэл, түүний шийдэлүүд

© Copyright, 2009, Jaxworks, All Rights Reserved.

Capital Budgeting Issues

Presentation transcript:

INCOME PROPERTY ANALYSIS Introduction

INCOME PROPERTY ANALYSIS Acquisition Cash Flows

INCOME PROPERTY ANALYSIS Cash Flows from Operations

INCOME PROPERTY ANALYSIS Summary: After Tax Cash Flows from Operations

INCOME PROPERTY ANALYSIS Cash Flows from Reversion

INCOME PROPERTY ANALYSIS The Investment Decision: NPV and IRR

INCOME PROPERTY ANALYSIS Financial Statistics: Ratios, Multipliers, Rates of Return

INCOME PROPERTY ANALYSIS Apartment Property Example

Insert INCOME1 Spreadsheet Here

INCOME PROPERTY ANALYSIS Financial Leverage

INCOME PROPERTY ANALYSIS Sensitivity Analysis